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AveGali [126]
1 year ago
12

A number of separate but interdependent budgets that formally lay out the company's sales, production, and financial goals and t

hat culminates in a cash budget, budgeted income statement, and budgeted balance sheet.
Business
1 answer:
Lapatulllka [165]1 year ago
6 0

A number of separate but interdependent budgets that formally lay out the company's sales, production, and financial goals and that culminates in a cash budget, budgeted income statement, and budgeted balance sheet is master budget.

The lower-level budgets, cash flow projections, budgeted financial statements, and financial plans of an organisation are all included in the master budget, which is a thorough financial planning document. It is often created by a company's budget committee under the direction of the budget director.

To know more about Master Budget here

brainly.com/question/28217954

#SPJ4

You might be interested in
A process that produces computer chips has a mean of .04 defective chip and a standard deviation of .003 chip. The allowable var
Reil [10]

Answer:

<em>A. 1.111</em>

<em>B. The process is not capable</em>

Explanation:

Part A

Capacity index help to determine the performance of a process and how it could perform in the future. A capacity index of above 1.33 means that the process is capable but a capacity index below 1.33 means that the process is not capable. The capacity index can be calculated using equation 1;

From the mean  which is 0.5, it can be determined that the process is a centered process.

For centered process, the mean = 0.5 x (Upper s. - Lower S.) = 0.5 x 0,02 = 0.04

so the capacity index for centered mean will be used

C_{p} =\frac{Upper Specification-Lower Specification}{6 * standard deviation} ................................................1

Given standard deviation = 0.003

upper specification = 0.05

lower specification = 0.03

C_{p} =\frac{0.05- 0.03}{6 * 0.003}\\\\C_{p} = \frac{0.02}{0.018} \\\\C_{p}  = 1.111

Therefore the capacity index of the process is 1.111

Part B

The capacity index of the process is 1.111 and it is less than 1.33, this means that the process is not capable.

3 0
3 years ago
Beamish Inc., which produces a single product, has provided the following data for its most recent month of operations: Number o
LUCKY_DIMON [66]

Answer:

The answer is $ 218

Explanation:

Solution

Given that:

                       Description                             Amount

                       Direct materials                          $91

                 Direct labor                                       $85

Variable manufacturing overhead                     $7

Fixed manufacturing overhead

( $ 161,000/ 4,600 units)                                    $35

The unit product under absorption costing =  $218

Therefore, the absorption costing unit product cost is $218

6 0
3 years ago
Suppose there are five suppliers of ice cream in the town of Summerville. When the price of ice cream is $2 per scoop, Firm A is
victus00 [196]

Answer:

the market quantity supplied is less than 250 scoops when the price is $2 per scoop

Explanation:

When price is $2, the total quantity supplied = 20 + 50 + 35 + 100 + 40 = 245

At the price $2, the total quantity supplied is less than 245

3 0
3 years ago
Jacqueline is in the market for a new laptop. She has spent quite a bit of time gathering information and thinking about the pur
aalyn [17]

Based on the fact that Jacqueline had to spend time to research before she made her decision, she is most likely an<u> early majority.</u>

<h3>Who are the early majority?</h3>

These are people who buy a good around the same time as most people but not too log after a product has been released.

They tend to embark on a lot of research before they make a decision which is what Jacqueline is doing.

Find out more on the early majority at brainly.com/question/15858673.

#SPJ1

8 0
2 years ago
A self-insurance activity that is accounted for in an Internal Service Fund pays $365,000 in claims during the year. Because the
Alenkinab [10]

Answer:

A. An operating expense.

Explanation:

Since in the question it is mentioned that the self insurance activity i.e. accounted for an internal service fund that paid the amount of $365,000. Also as we know that the internal service fund is a proprietary fund so the claim should be reported as an operating expenses in the revenues, expenses and change in net asset statement

Therefore the correct option is a.

8 0
3 years ago
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